New York Community Bancorp (NYCB)
(Delayed Data from NYSE)
$11.19 USD
-0.25 (-2.19%)
Updated Sep 23, 2024 04:00 PM ET
After-Market: $11.20 +0.01 (0.09%) 7:58 PM ET
5-Strong Sell of 5 5
F Value F Growth C Momentum F VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
NYCB 11.19 -0.25(-2.19%)
Will NYCB be a Portfolio Killer in September?
Zacks Investment Research is releasing its prediction for NYCB based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NYCB
Will Banks' M&A Activity Slow Down With Steeper Regulatory Scrutiny
3 Reasons Regional Banks Will be Higher in 2025
NYCB: What are Zacks experts saying now?
Zacks Private Portfolio Services
Fulton Financial Plans to Cut Jobs Post Failed Republic Bank Buyout
Regional Banks Ramp Up M&A Deals to Strengthen Balance Sheet
New York Community (NYCB) Reports Loss in Q2, Stock Tanks 3%
Other News for NYCB
New York Community Bancorp Inc (NYCB) Trading Down 3.04% on Sep 20
NYCB: Stock Moves Amid Analyst Upgrade and Fed Rate Cut
FDIC board approves new, stricter policy on bank merger transactions
Raymond James upgrades New York Community into interest rate cuts
New York Community upgraded to Market Perform at Raymond James